Treasury Department, Foreign Assets Control Office Briefing 2026-07-28
Estimated reading time: 5 minutes
1. Notice of OFAC Sanctions Action
Link: https://www.federalregister.gov/documents/2026/07/28/2026-15157/notice-of-ofac-sanctions-action
Sub: Treasury Department, Foreign Assets Control Office
Content: The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing the names of one or more persons that have been placed on OFAC's Specially Designated Nationals and Blocked Persons List (SDN List) based on OFAC's determination that one or more applicable legal criteria were satisfied. All property and interests in property subject to U.S. jurisdiction of these persons are blocked, and U.S. persons are generally prohibited from engaging in transactions with them.
2. Updating Website and Contact Information, and Authorizations for Payments for Legal Services
Sub: Treasury Department, Foreign Assets Control Office
Content: The Department of the Treasury's Office of Foreign Assets Control (OFAC) is adopting a final rule to update website and contact information in certain parts of the Code of Federal Regulations (CFR). Additionally, OFAC is amending one CFR Part to update general licenses authorizing payments for legal services from funds originating outside the United States to replace the reporting requirement in the general license with a recordkeeping requirement and correcting typographical errors in two CFR Parts. OFAC is also updating its regulations to correct an erroneous cross-reference.
